OTC: $GREH Signs MOU With $AGYP For Co-Gen EV Charging Tech

Core Insights - Green Rain Energy Holdings Inc. (GREH) has signed a Memorandum of Understanding (MOU) with Allied Energy Corporation to supply natural gas for EV charging corridors in the Southwest [1][2] - The agreement allows GREH to deploy off-grid or hybrid EV charging stations, addressing grid constraints and the increasing demand for EV infrastructure [2][4] - Texas is highlighted as a key state for clean energy deployment, with significant federal funding and a projected increase in EVs, necessitating rapid charging solutions [3] MOU Highlights - Allied Energy will supply certified natural gas for GREH's EV infrastructure projects, focusing on Texas and the Southwest [5] - The natural gas will power turbine and generator-based charging platforms, supporting Level 3 DC Fast Charging [5] - The collaboration aims to convert underutilized or flared gas into clean energy assets [5] Strategic Growth & Market Potential - The global EV charging infrastructure market is expected to grow from $15 billion in 2023 to over $120 billion by 2030 [6] - GREH is positioned to leverage this growth through its community solar and battery storage strategy, enhancing revenue streams [6] - Recent milestones include launching an Investor Relations Hub and expanding solar projects in various states [6][8] Operational Advantages - The agreement allows for faster permitting and more flexible station placement compared to traditional grid-tied electricity [7] - GREH will benefit from asset ownership and recurring revenue from charging and power resale [8] - Active development is ongoing in states such as New York, Texas, California, Hawaii, and Massachusetts [8] Business Model and Value Proposition - GREH employs a vertically integrated model that combines development, engineering, construction, and financing, ensuring long-term value [9] - The new energy supply agreement positions GREH to build resilient energy systems alongside EV chargers [9]